Reliance Industries Limited reported steady performance from its JioStar segment for the March quarter, supported by high engagement across both digital and television platforms.
The business continues to benefit from rising content consumption, large-scale live event streaming, and growing subscriber traction, reflecting its expanding presence in India’s media and entertainment landscape.
JioStar recorded quarterly revenue of ₹9,784 crore with EBITDA of ₹827 crore during the period.
Its streaming platform JioHotstar saw average monthly active users of 500 million, while the T20 Men’s Cricket World Cup final registered a peak concurrency of 72.5 million, setting a global benchmark.
On the television front, the network held a 34.2% share in entertainment viewership, reaching over 810 million viewers across the country, reinforcing its leadership in the broadcast segment.
The company reported sequential growth in digital subscriptions, driven by revised pricing strategies designed to enhance affordability and user flexibility. Direct-to-consumer subscriptions also touched record levels during the quarter.
JioHotstar introduced new capabilities, including AI-led conversational content discovery and integrated commerce features such as food ordering and shopping within the platform, aimed at improving user engagement and monetisation.
Large-scale sporting events, including the T20 World Cup and the Indian Premier League, significantly boosted platform traffic across both digital and TV. The entertainment segment continued to perform strongly across genres and regional markets.
Additionally, the Dhurandhar franchise produced by Jio Studios delivered robust box office results, with both instalments surpassing ₹1,000 crore globally and achieving the highest overseas collections for a Bollywood release, as per the company’s post-earnings presentation.
The quarter highlights JioStar’s ability to combine scale, content strength, and technology-led innovation to drive growth. With rising digital adoption and continued leadership in broadcast, the business remains well positioned to capitalise on India’s expanding media consumption trends.
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Published on: Apr 27, 2026, 11:35 AM IST
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